[Federal Register: March 17, 2000 (Volume 65, Number 53)]
[Notices]               
[Page 14557-14558]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17mr00-70]                         

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DEPARTMENT OF ENERGY

Southeastern Power Administration

 
Proposed Rate Adjustment for the Jim Woodruff Project

AGENCY: Southeastern Power Administration, DOE.

ACTION: Notice of public hearing and opportunities for review and 
comment.

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SUMMARY: Southeastern proposes replacing Wholesale Power Rate Schedules 
JW-1-E and JW-2-B with new Wholesale Rate Schedules JW-1-F and JW-2-C 
effective September 20, 2000. Rate Schedules JW-1-F and JW-2-C will 
remain in effect through September 19, 2005. Rate Schedule JW-1-F is 
applicable to Southeastern power sold to existing preference customers 
in the Florida Power Corporation Service area. Rate Schedule JW-2-C is 
applicable to Florida Power Corporation.
    Opportunities will be available for interested persons to review 
the present and proposed rates, and the supporting studies and to 
participate in a hearing and to submit written comments. Southeastern 
will consider all comments received in this process.

DATES: Written comments are due on or before June 15, 2000. A public 
information and public comment forum will be held in Tallahassee, 
Florida, at 10 a.m. on May 3, 2000. Persons desiring to speak at the 
forum must notify Southeastern at least seven (7) days before the forum 
is scheduled so that a list of forum participants can be prepared. 
Others present at the forum may speak if time permits. Persons desiring 
to attend the forum should notify Southeastern at least seven (7) days 
before the forum is scheduled. The forum will be canceled with no 
further notice unless Southeastern has been notified by close of 
business on April 24, 2000, that at least one person intends to be 
present at the forum.

ADDRESSES: Five copies of written comments should be submitted to: 
Charles Borchardt, Administrator, Southeastern Power Administration, 
Department of Energy, Samuel Elbert Building, Elberton, Georgia 30635. 
The public comment Forum will meet at the Courtyard by Marriott, 1018 
Apalachee

[[Page 14558]]

Parkway, Tallahassee, Florida 32301, Phone (850) 222-8822.

FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Assistant 
Administrator, Finance and Marketing Division, Southeastern Power 
Administration, Department of Energy, Samuel Elbert Building, Elberton, 
Georgia 30635, (706) 213-3800.

SUPPLEMENTARY INFORMATION: Existing rate schedules are supported by a 
March 1995 Repayment Study and other supporting data contained in FERC 
Docket EF95-3031-000. A repayment study prepared in March 2000 shows 
that the existing rates are not adequate to meet repayment criteria. A 
revised repayment study with a revenue increase of $237,000, or 4.3 
percent, demonstrates that all costs are paid within their repayment 
life thus satisfying the repayment criteria. The increase is primarily 
due to costs associated with the rehabilitation of the project. 
Southeastern is proposing to raise rates to recover this additional 
$237,000.
    The capacity charge in the proposed Wholesale Power Rate Schedule 
JW-1-F has been raised from $5.13 per kilowatt per month to $5.52 per 
kilowatt per month. The energy charge has been increased from 15.2 
mills per kilowatt-hour to 15.49 mills per kilowatt-hour. Proposed 
Wholesale Power Rate Schedule JW-2-C, raises the rate from 60 percent 
of the Florida Power Corporation's fuel cost to 63 percent of the 
Corporation's fuel cost.
    The studies are available for examination at the Samuel Elbert 
Building, Elberton, Georgia 30635, as are the 1995 repayment study and 
the proposed Rate Schedules.

    Dated: March 1, 2000.
Charles A. Borchardt,
Administrator.
[FR Doc. 00-6677 Filed 3-16-00; 8:45 am]
BILLING CODE 6450-01-P